DCOM Stock Overview
Dime Community Bancshares, Inc. operates as the holding company for Dime Community Bank that provides various commercial banking and financial services.
Dime Community Bancshares Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$30.90|
|52 Week High||US$38.35|
|52 Week Low||US$28.36|
|1 Month Change||-5.88%|
|3 Month Change||2.76%|
|1 Year Change||-2.18%|
|3 Year Change||-7.09%|
|5 Year Change||-6.87%|
|Change since IPO||478.19%|
Recent News & Updates
Dime Community Bancshares declares $0.24 dividend
Dime Community Bancshares (NASDAQ:DCOM) declares $0.24/share quarterly dividend, in line with previous. Forward yield 3.03% Payable Oct. 24; for shareholders of record Oct. 17; ex-div Oct. 14. See DCOM Dividend Scorecard, Yield Chart, & Dividend Growth.
|DCOM||US Banks||US Market|
Return vs Industry: DCOM exceeded the US Banks industry which returned -19.4% over the past year.
Return vs Market: DCOM exceeded the US Market which returned -21.6% over the past year.
|DCOM Average Weekly Movement||3.3%|
|Banks Industry Average Movement||3.4%|
|Market Average Movement||6.9%|
|10% most volatile stocks in US Market||15.9%|
|10% least volatile stocks in US Market||2.8%|
Stable Share Price: DCOM is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: DCOM's weekly volatility (3%) has been stable over the past year.
About the Company
Dime Community Bancshares, Inc. operates as the holding company for Dime Community Bank that provides various commercial banking and financial services. It accepts time, savings, and demand deposits from the businesses, consumers, and local municipalities. The company also offers commercial real estate loans; multi-family mortgage loans; residential mortgage loans; secured and unsecured commercial and consumer loans; home equity loans; and construction and land loans.
Dime Community Bancshares Fundamentals Summary
|DCOM fundamental statistics|
Is DCOM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|DCOM income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||3.57|
|Net Profit Margin||34.54%|
How did DCOM perform over the long term?See historical performance and comparison
3.1%Current Dividend Yield
Is DCOM undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for DCOM?
Other financial metrics that can be useful for relative valuation.
|What is DCOM's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does DCOM's PE Ratio compare to its peers?
|DCOM PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
CUBI Customers Bancorp
LOB Live Oak Bancshares
OFG OFG Bancorp
MCHB Mechanics Bank
DCOM Dime Community Bancshares
Price-To-Earnings vs Peers: DCOM is expensive based on its Price-To-Earnings Ratio (8.7x) compared to the peer average (6.5x).
Price to Earnings Ratio vs Industry
How does DCOM's PE Ratio compare vs other companies in the US Banks Industry?
Price-To-Earnings vs Industry: DCOM is good value based on its Price-To-Earnings Ratio (8.7x) compared to the US Banks industry average (9.8x)
Price to Earnings Ratio vs Fair Ratio
What is DCOM's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||8.7x|
|Fair PE Ratio||12.1x|
Price-To-Earnings vs Fair Ratio: DCOM is good value based on its Price-To-Earnings Ratio (8.7x) compared to the estimated Fair Price-To-Earnings Ratio (12.1x).
Share Price vs Fair Value
What is the Fair Price of DCOM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: DCOM ($30.9) is trading below our estimate of fair value ($39.9)
Significantly Below Fair Value: DCOM is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.
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How is Dime Community Bancshares forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DCOM's forecast earnings growth (4.2% per year) is above the savings rate (1.9%).
Earnings vs Market: DCOM's earnings (4.2% per year) are forecast to grow slower than the US market (14.7% per year).
High Growth Earnings: DCOM's earnings are forecast to grow, but not significantly.
Revenue vs Market: DCOM's revenue (5.2% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: DCOM's revenue (5.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DCOM's Return on Equity is forecast to be low in 3 years time (12%).
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How has Dime Community Bancshares performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DCOM has high quality earnings.
Growing Profit Margin: DCOM's current net profit margins (34.5%) are higher than last year (15.1%).
Past Earnings Growth Analysis
Earnings Trend: DCOM's earnings have grown by 19.3% per year over the past 5 years.
Accelerating Growth: DCOM's earnings growth over the past year (215.9%) exceeds its 5-year average (19.3% per year).
Earnings vs Industry: DCOM earnings growth over the past year (215.9%) exceeded the Banks industry 8.6%.
Return on Equity
High ROE: DCOM's Return on Equity (12.9%) is considered low.
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How is Dime Community Bancshares's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score6/6
Financial Health Score 6/6
Allowance for Bad Loans
Low Risk Liabilities
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: DCOM's Assets to Equity ratio (10.8x) is moderate.
Allowance for Bad Loans: DCOM has a sufficient allowance for bad loans (219%).
Low Risk Liabilities: 94% of DCOM's liabilities are made up of primarily low risk sources of funding.
Loan Level: DCOM has an appropriate level of Loans to Assets ratio (78%).
Low Risk Deposits: DCOM's Loans to Deposits ratio (91%) is appropriate.
Level of Bad Loans: DCOM has an appropriate level of bad loans (0.4%).
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What is Dime Community Bancshares's current dividend yield, its reliability and sustainability?
Dividend Score 5/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DCOM's dividend (3.11%) is higher than the bottom 25% of dividend payers in the US market (1.62%).
High Dividend: DCOM's dividend (3.11%) is low compared to the top 25% of dividend payers in the US market (4.45%).
Stability and Growth of Payments
Stable Dividend: DCOM's dividends per share have been stable in the past 10 years.
Growing Dividend: DCOM's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.6%), DCOM's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: DCOM's dividends in 3 years are forecast to be well covered by earnings (24.1% payout ratio).
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Kevin O'Connor (59 yo)
Mr. Kevin M. O’Connor serves as Chief Executive Officer at Dime Community Bancshares, Inc. and Dime Community Bank since February 1, 2021. He served as President and CEO at Bridge Bancorp, Inc. since Janua...
CEO Compensation Analysis
Compensation vs Market: Kevin's total compensation ($USD9.67M) is above average for companies of similar size in the US market ($USD4.08M).
Compensation vs Earnings: Insufficient data to compare Kevin's compensation with company performance.
Experienced Management: DCOM's management team is considered experienced (3.6 years average tenure).
Experienced Board: DCOM's board of directors are seasoned and experienced ( 15.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: DCOM insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
|29 Aug 22||SellUS$100,750||Christopher Porzelt||Individual||3,100||US$32.50|
|24 Aug 22||SellUS$5,124,685||Basswood Capital Management, L.L.C.||Company||158,407||US$32.88|
|22 Aug 22||SellUS$2,154,042||Basswood Capital Management, L.L.C.||Company||63,376||US$34.54|
|22 Aug 22||SellUS$250,127||Joseph Perry||Individual||7,559||US$33.09|
|17 Aug 22||SellUS$2,226,750||Basswood Capital Management, L.L.C.||Company||63,423||US$35.22|
|15 Aug 22||SellUS$1,051,800||Kenneth Mahon||Individual||30,000||US$35.06|
|12 Aug 22||SellUS$865,000||Kenneth Mahon||Individual||25,000||US$34.60|
|11 Aug 22||SellUS$688,200||Kenneth Mahon||Individual||20,000||US$34.41|
|04 Aug 22||SellUS$279,620||Basswood Capital Management, L.L.C.||Company||8,397||US$33.30|
|03 Aug 22||SellUS$2,336,860||Basswood Capital Management, L.L.C.||Company||69,000||US$34.04|
|02 Aug 22||BuyUS$61,459||Raymond Nielsen||Individual||1,798||US$34.22|
|08 Jun 22||SellUS$800,179||Basswood Capital Management, L.L.C.||Company||26,201||US$30.54|
|07 Jun 22||SellUS$2,661,955||Basswood Capital Management, L.L.C.||Company||85,094||US$31.44|
|19 May 22||SellUS$289,300||Basswood Capital Management, L.L.C.||Company||10,000||US$28.93|
|18 May 22||SellUS$5,672,700||Basswood Capital Management, L.L.C.||Company||187,100||US$30.67|
|12 May 22||SellUS$2,888,113||Basswood Capital Management, L.L.C.||Company||94,130||US$31.07|
|28 Feb 22||SellUS$382,166||Basswood Capital Management, L.L.C.||Company||11,270||US$33.91|
|14 Feb 22||SellUS$182,444||Basswood Capital Management, L.L.C.||Company||5,366||US$34.00|
|31 Dec 21||BuyUS$12,996||Christopher Porzelt||Individual||389||US$33.41|
|13 Dec 21||SellUS$3,040,343||Basswood Capital Management, L.L.C.||Company||91,527||US$33.92|
|08 Dec 21||SellUS$452,057||Basswood Capital Management, L.L.C.||Company||13,171||US$34.94|
|02 Dec 21||SellUS$51,612||Christopher Porzelt||Individual||1,470||US$35.11|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Dime Community Bancshares, Inc.'s employee growth, exchange listings and data sources
- Name: Dime Community Bancshares, Inc.
- Ticker: DCOM
- Exchange: NasdaqGS
- Founded: 1910
- Industry: Regional Banks
- Sector: Banks
- Implied Market Cap: US$1.193b
- Shares outstanding: 38.60m
- Website: https://www.dime.com
Number of Employees
- Dime Community Bancshares, Inc.
- 898 Veterans Memorial Highway
- Suite 560
- New York
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DCOM||NasdaqGS (Nasdaq Global Select)||Yes||New Common Stock||US||USD||Jun 1996|
|DCOM.P||NasdaqGS (Nasdaq Global Select)||5.5% NCUM PFD A||US||USD||Feb 2021|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/23 00:00|
|End of Day Share Price||2022/09/23 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.